Recovery Sparks Near Key Support
Price: $0.0501 (+2.66%)
đ Market Insight:
After a shallow retracement, $LRC is holding above a historically significant demand cluster. Notice the lower-wick candles â buyers are quietly absorbing supply, hinting at a potential short-term bounce. Momentum is beginning to favor the upside, and the structure remains intact.
đŻ Actionable Levels:
Entry Window: 0.0495 â 0.0505
Stop-Loss: 0.0482
Profit Targets: 0.0525 â 0.055
đ§ Technical Takeaway:
Flattening momentum combined with rejection wicks signals accumulation. As long as the support range holds, price could reclaim higher liquidity zones quickly.
⥠Execution Tip:
Scale in gradually near the base, take partial profits at the first target, and let the remaining units ride the potential bounce.
đ„ Key Observation:
LRC is forming a controlled recovery pocket â a precise entry now offers asymmetric risk/reward potential for the next upward leg.
